Thursday, 28 January 2016

More GSK rumours from the Twitterati

Here's an interesting Tweet from Open Outcrier:

Hearing vague takeover chatter mentioning JNJ as acquirer. Unconfirmed market chatter.

I have no idea if it's true but it does seem strange given the venerable Financial Times was reporting just yesterday that Johnson & Johnson's institutional shareholders have been pushing for a break of the $280 billion business.

Here is a link to that piece:

And given the whole healthcare sector has been slammed today following a Roche profit warning, I'm sceptical about that Johnson & Johnson/ GlaxoSmithKline bid rumour.

(That probably means it will get announced tomorrow morning).


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